The Mudcat Café TM
Thread #165570 Message #4016313
Posted By: Steve Shaw
31-Oct-19 - 08:09 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
And Johnson has repeatedly lied by claiming that every month of brexit delay costs the country £1 billion. From the Full Fact website:
In the House of Commons this week, Boris Johnson has twice repeated his claim that extending the date of Brexit for three months would cost £1 billion a month.
This is false, as we have said repeatedly. A three month extension costs the UK the same amount in EU budget payments as leaving under Boris Johnson’s own deal on 31 October would have.
Mr Johnson should correct his untrue statements to the House.
Why it’s wrong
The claim is based on the amount that the UK pays into the EU budget. Those payments are worth roughly £1 billion a month, although this doesn’t take into account some money that the UK gets back from the EU, as BBC Reality Check has pointed out.
But under Boris Johnson’s proposed deal, the UK will pay these budget contributions even after we’ve left the EU, until the end of December 2020. This is part of the financial settlement (better known as the “divorce bill”).
This is the same situation as under Theresa May’s deal—Boris Johnson’s government did not renegotiate the financial settlement.
That means the budget payments made during a Brexit extension to January 2020 simply have the effect of reducing the total divorce bill upon the UK’s departure. This has already happened before: the divorce bill was estimated at around £39 billion in March 2019, but is now down to around £33 billion as a result of extending the Brexit date by six months.